The “first tranche” of sanctions against Russia is here. Now what?
When paired with inflation and supply chain issues, the economic impacts of U.S. sanctions could amount to a “central banker’s ultimate nightmare,” said Politico’s Sudeep Reddy.
US President Joe Biden speaks in the East Room of the White House about Russian military activity near Ukraine February 22, 2022, in Washington, DC. - The United States said Tuesday that Russia's move into eastern Ukraine amounts to the "beginning of an invasion" and warned that "severe" sanctions would be announced shortly. (Photo by Brendan SMIALOWSKI / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)
Today, we’re joined by Sudeep Reddy of Politico to hear about the global economic implications of the Russia-Ukraine conflict.
Sanctions on Russia could be costly for Western economies
by Andy Uhler
John MacDougall/ AFP Getty Images
Russia, a major energy producer, could use oil and gas supplies as a political weapon against the governments of its customers.
Inflation’s already increasing the cost of goods. The cost of services could be next.
by Justin Ho
Sean Gardner/Getty Images
The services sector has been feeling the pinch of higher costs, particularly when it comes to wages.
Ukraine conflict could push grain prices higher worldwide
by Meghan McCarty Carino
Kirill Kudryavtsev/AFP via Getty Images
Together, Russia and Ukraine supply a large part the world’s wheat and corn exports.
The question the retail world is asking right now: Sell cheap or hold?
by Lily Jamali
Brandon Bell/Getty Images
Rising inflation will change the calculus for some apparel wholesalers.
Never too early to prep for the upcoming holidays
While inflation is still high and consumer sentiment has trended low, many people are still spending. Irene Kesselman, owner of the Ali Cat Toys in Carrboro, North Carolina, describes what’s she’s seeing in the store and hearing from suppliers.
Apple
Spotify
Amazon
RSS
